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november sales. the cheddar/bacon/onion sandwich. rachel joins us in the wake of those numbers. rachel, good morning to you. good to see you again. >> thank you for having me. >> does this mark a turn at least in the u.s.? >> well, we've been talking about the mean re version trade for 2013. i think you should keep in mind that the company does have exceptionally difficult compares coming up in december, and again in the first quarter. given the very warm weather we had last year. it is some positive momentum in the right direction. but it may be premature to call it a complete turn right now. >> yeah. how about the rest of the world, where it appears they are facing maybe stiffer headwinds than stateside? >> well, the great news for them, specifically in china, they actually posted better than expected results. after we saw out of yum, where they posted a negative 4%, i think that will give investors a poost about their trends in that market. >> rachel, what's your take on what contributed or what caused the turn that we saw in mcdonald's in the month of november? was it the focus on
. the labor party -- i was speaking to rachel reeves earlier on, just because they've got their plans wrong. they've cut in the wrong areas, they're not thinking about the infrastructure growth that this country needs to get itself out of the mess. so let's see what it comes up with today. it's just a question of whether he can take it away from some departments and give it to others. of course, there's this whole rich versus poor debate also. the poor we're talking about are only so rich. for instance, taking it away. the free amount of money you can put into your pension before you get taxed on it. at the moment, that's 50,000 pounds. estimates are that it will go down to 30, 40,000 pounds. even if they put it down to 30,000 pounds, it's only going to raise around 8.1 billion pounds extra. when you consider total government spending and borrowing, that's a drop in the ocean. welfare is about 186 billion pounds. you can see the kind of numbers we're talking about. tinkering at the edges as well. there will be more money into education, into science, into infrastructure as well and he'll be
on sales? we're here to break down the mcrib effect. ladies, great to have you with us. rachel, i'll start off with you. what sort of impact could we see potentially in the month of december? i read in the past, in 2010 at least, one of these limited introduction offers that it actually boosted sales by almost 5%. >> i think it depends on what the lto is and what the prior year same-store comparison is. i wouldn't expect to see a positive number of the magnitude that you're discussing. actually, frankly, it will probably be something in the single digit negatives. but at least it's a tried-and-true product they know customers will come in for. >> nicole, if the mcrib is so loved, is that why it's always limited, a limited time offer? why don't they just put it on the menu? >> absolutely, it's one of the most anticipated product launches of the year. by to some degree it's tried and tested, but the best thing is to use what you know. they're going up against the most difficult comparison of the year at plus ten. we think a down low single digit would be good. if they could get the flat, it
Search Results 0 to 2 of about 3